$1,600,000 Last Listed Price
●
House -
Off Market
4046 Merrick Street
Houston, TX 77025
5 Beds
4 Baths,
1
Half Bath
4,549 Ft²
$1,602,683
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
About This Property
Outstanding recent construction featuring 2 Primary bedrooms and
amazing backyard with sparkling pool! First floor highlights
include study/office, formal dining, powder room, butler pantry
leading to the spacious kitchen with breakfast room opening to the
family room with plenty of natural light throughout. Off the family
room is the primary retreat with access to the utility room.
Upstairs spotlights huge gameroom, second primary bedroom with full
bath, an additional secondary bedroom that shares a full bath with
the gameroom plus 2 additional secondary bedrooms adjoined by a
Hollywood bath. Bonus large walk-in attic space that could be
finished out for a workout room or hobby room. The spectacular
backyard features outdoor kitchen, dog run and gazebo plus an
amazing pool with sun deck, swim jets, waterfall and hot tub
surrounded by landscaping and turf throughout the backyard. Located
near the Medical Center and close to YMCA, Stella Link Library,
Parks, Shops, Restaurants & Schools
Unit Size
4,549 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$352
Property Type
House
Property Taxes
$2,457
HOA Dues
$30
Year Built
2008
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (HAR #5265647)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 21, 2023 | Sold | ||
| Sold | |||
| Apr 26, 2023 | Listed by Martha Turner Sotheby's International Realty | $1,600,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Outstanding recent construction featuring 2 Primary bedrooms and amazing backyard with sparkling pool! First floor highlights include study/office, formal dining, powder room, butler pantry leading to the spacious kitchen with breakfast room opening to the family room with plenty of natural light throughout. Off the family room is the primary retreat with access to the utility room. Upstairs spotlights huge gameroom, second primary bedroom with full bath, an additional secondary bedroom that shares a full bath with the gameroom plus 2 additional secondary bedrooms adjoined by a Hollywood bath. Bonus large walk-in attic space that could be finished out for a workout room or hobby room. The spectacular backyard features outdoor kitchen, dog run and gazebo plus an amazing pool with sun deck, swim jets, waterfall and hot tub surrounded by landscaping and turf throughout the backyard. Located near the Medical Center and close to YMCA, Stella Link Library, Parks, Shops, Restaurants & Schools
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Southwest Houston
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Listed by: Stormy Hayes-Knipe, Martha Turner Sotheby's International Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 5265647
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Last Updated: 5 months ago
Data Source: HAR , MLS# 5265647
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